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Race, Class, and the Differential Application of Bank Bailouts

Bibliographic Data

ID2371447
AuthorsDavita Sitfen Glasberg (University of Connecticut, corresponding author)
Year1991
Volume18
Issue2
Pages51-76
Publication date1991-07-01
Open AccessYes
TypeARTICLE
VenueCritical Sociology (JOURNAL)
Journal identifiersISSN: 0896-9205 • E-ISSN: 1569-1632
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/089692059101800203
OpenAlexW2143502483
LanguageEN
References cited17

This paper presents a comparative analysis of state intervention in two recent bank crises and suggests that factors other than those that are the focus of existing theories of the state may be important in defining the meaning of 'too big to fail.' In particular, social characteristics such as the race and class of each bank's respective constituents stood out as differentiating dimensions in the politics of the bailout process. This suggests that when we attempt to define the meaning of 'too big to fail,' or to understand the politics of finance more generally, we should look not only at the characteristics of the banks themselves but also at the characteristics of their customers

Bailout · Economics · Epistemology · Financial crisis · Keynesian economics · Political economy · Political science · Politics · Positive economics · Sociology · Banking stability, regulation, efficiency · Gender Studies · Housing, Finance, and Neoliberalism · Law · Mathematics · Psychology · Social Policy and Reform Studies

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